Both venture capital firms also invested in cryptocurrency exchange and wallet Coinbase. Andreessen Horowitz was also one of the early Facebook believers, and Union Square was an early Twitter investor, according to Fortune.

Other investors in CryptoKitties include such big names as AngelList founder Naval Ravikant, former Coinbase co-founder Fred Ehrsam, BitFury Head Of Strategy Committee Bill Tai, and Zynga founder Mark Pincus.

CryptoKitties lets users create and breed virtual cats, storing the digital genetic material on the Blockchain. Then, users can buy and sell the cats using the ETH cryptocurrency, which means users have to buy Ethereum in order to play. Two months after the game was released to the public, the ETH increased by over 152 percent, from $469 on Nov. 28 to $1185 on Jan. 28. ETH is currently trading at $556, according to the Cointelegraph Ethereum price index.

Current Prices

About Us

TheCryptoExchanger.com is a multi-platform publisher of news, information, and resources. Thecryptoexchanger.com has earned a reputation as the leading provider of cryptocurrenty news and information that improves the quality of life of its readers by focusing on finance.